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FedEx CEO says we are in the middle of the biggest supply chain shift he’s seen in 35 years: ‘We are the referendum’

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26 Meta employees accuse Mark Zuckerberg of using AI to target 8,000 layoffs against workers on medical, parental or family leave

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He sold his last company to Palantir. Now he's betting $32 million that robots can fix construction's labor crisis
Apple

Apple: The Thanksgiving effect

By
Philip Elmer-DeWitt
Philip Elmer-DeWitt
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By
Philip Elmer-DeWitt
Philip Elmer-DeWitt
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November 11, 2014, 11:22 AM ET
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Folks who hang around the invitation-only AAPL Sanity board — many of them long-time investors who bought low years ago and never sold — tend to have well-tuned antennae for the kinds of market signals that drive Apple’s share price up or down.

“I had a notion that AAPL generally performed well over Thanksgiving,” a regular who calls himself djt posted Tuesday morning. “Maybe it’s because people are in a good mood? Anyway, to confirm my hypothesis here’s AAPL’s 5-year chart with the Thanksgivings marked.”

The attached chart does seem to confirm djt’s thesis, although as he points out the share price didn’t stay up for long in the year of the Great Apple Selloff.

But that was 2012, and this is 2014.

“It’s a safe bet,” djt concludes, “that AAPL is going up this Thanksgiving too, for the same reasons it’s been going up since September. Not to mention, this November Wall Street sentiment has never been higher for AAPL.”

“Bet” is the operative word. This is the Street, after all. And past performance is no guarantee of future results.

Follow Philip Elmer-DeWitt on Twitter at @philiped. Read his Apple (AAPL) coverage at fortune.com/ped or subscribe via his RSS feed.

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